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Monday, May 2, 2016

Daily Headlines: May 2, 2016 (Updated)

* Vatican: During his Sunday Angelus prayer from the Vatican yesterday, Pope Francis condemned pedophilia by Catholic priests, called on a peaceful solution to the conflict in Syria, and suggested a “model of development that takes into account human dignity.”

* Puerto Rico: Gov. Alejandro Garcia Padilla affirmed that Puerto Rico will fall into default today by being unable to make a $422 million payment on its approximately $70 billion public debt.

Update: Padilla
and White House officials have urged the U.S. Congress to promptly
approve a debt restructuring plan, especially prior to a July 1st
deadline for payment of some $2 billion.* Peru: Suspected Peruvian drug cartel leader Gerson “Caracol” Galvez was deported back to his home country following his arrest in Medellin, Colombia on Saturday.

* Nicaragua: The first twenty of fifty military tanks sold by Russia to Nicaragua were sent to the Central American country last week.YouTube Source – teleSUR English (May Day rallies to honor workers were held worldwide last Sunday and Latin America was no exception). Online Sources including Update – Buenos Aires Herald, The Tico Times, Business Insider, Deutsche Welle, ABC News